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Re:Coinbase Ordered to Turn Over Identities of 14,355 Crypto... by prepend on Thursday November 30, 2017 @02:24PM (#15818681)
The IRS cannot share information with law enforcement agencies without warrant. So it’s not like they would tell the DEA or FBI about your $1M cocaine cost of goods sold.

Of course when you get busted for drugs, it’s pretty likely that your tax records will be gone through.

I saw a documentary where sex workers had accountants and such and declared all their illegal income. It was pretty interesting. But prostitution isn’t as severely prosecuted as drugs.

Re:Coinbase Ordered to Turn Over Identities of 14,355 Crypto... by sandworm101 on Thursday November 30, 2017 @03:05PM (#15819014)
Well, they should not. They are perfectly capable of doing so. Try telling them that your business building and selling pipebombs is paying well. Law enforcement will get wind.
Re:Coinbase Ordered to Turn Over Identities of 14,355 Crypto... by prepend on Friday December 01, 2017 @07:53AM (#15823488)
No, I don’t think that’s true. Try to find an example where the IRS tipped off law enforcement.